Chevy Volt vs Honda Civic DX sedan auto trans
MSRP for Volt $40,000 Civic $16,925
Estimated fuel economy Volt 230/gal Civic 36
Fuel used per year Volt 52 gallons Civic 333
Fuel savings by driving Volt $745 per year
Number of years driving Volt to break even on added cost 31
That's right, you would need to drive the Volt for only 31 years to make up for the added price you paid for it. I know what you're thinking, nobody drives the same car for 31 years. What you should be thinking is that the battery pack in Hybrid vehicles is designed to last 5-7 years. Since I have no idea how much the Volt's batteries will cost but do know how much they are for a Toyota Prius ($5,000 dealer cost). Lets do the math again. Also, the Prius is much closer to the price of the Civic.
Toyota Prius vs Honda Civic DX Sedan. Both auto trans
Msrp Prius $23,300 Civic $16,925
Fuel economy Prius 45 mpg Civic 36
Fuel used per year Prius 266 gallons Civic 333
Fuel savings by driving Prius $177 per year
Number of years driving Prius to break even 36
Sure makes sense to me to drive those hybrids. How about you???